Nonconsensus

Nonconsensus

Can AI Alone Save the Economy?

These days bulls often say that AI-related investment and revenue is more than enough to keep the economy and markets powering higher. But any reasonable look at the numbers challenges these hopes.

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Bob Elliott
Aug 05, 2025
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Since the start of the year, a boom in AI-related investment and business spending alone was enough to avert a more significant slowdown in the economy. This well circulated chart from Renaissance Ma…

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